Equnico Balance Sheet Health
Financial Health criteria checks 3/6
Equnico has a total shareholder equity of PLN281.8M and total debt of PLN37.1M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are PLN447.3M and PLN165.5M respectively. Equnico's EBIT is PLN47.4M making its interest coverage ratio 9.2. It has cash and short-term investments of PLN1.8M.
Key information
13.2%
Debt to equity ratio
zł37.13m
Debt
| Interest coverage ratio | 9.2x |
| Cash | zł1.81m |
| Equity | zł281.80m |
| Total liabilities | zł165.52m |
| Total assets | zł447.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZB7's short term assets (PLN44.4M) do not cover its short term liabilities (PLN76.3M).
Long Term Liabilities: ZB7's short term assets (PLN44.4M) do not cover its long term liabilities (PLN89.2M).
Debt to Equity History and Analysis
Debt Level: ZB7's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: ZB7's debt to equity ratio has increased from 2.5% to 13.2% over the past 5 years.
Debt Coverage: ZB7's debt is well covered by operating cash flow (355.2%).
Interest Coverage: ZB7's interest payments on its debt are well covered by EBIT (9.2x coverage).